PCGS Million Dollar Coin Club Launched
collectors and dealers may never personally own
a seven-figure numismatic rarity, enjoying and
learning about them now is easy and fun with the
launch of the PCGS Million Dollar Coin Club™ (www.PCGS.com/Million-Dollar-Coin-Club),
a free reference guide available from the
Professional Coin Grading Service www.PCGS.com).
The "club" presently consists of 210 United
States rare coins that have sold at auction for
$1 million or more, or would sell for that much
if offered, according to the expert opinions of
five well-known professional numismatists. The
list will be updated four times a year.
"Our estimate for the total current value of
these 210 United States coin rarities is
$475,515,000," said David Hall, PCGS Co-Founder
and President of Collectors Universe, Inc.
(NASDAQ: CLCT) who is among the pricing
consultants who prepared the list.
The other four experts in the group are Ron Guth,
President of PCGS CoinFacts; Kevin Lipton,
President of Kevin Lipton Rare Coins of Beverly
Hills, California; Greg Rohan, President of
Heritage Auctions of Dallas, Texas; and Laura
Sperber, Co-President of Legend Numismatics of
Lincroft, New Jersey.
Rankings and information in the PCGS Million
Dollar Coin Club will be updated every three
months online at www.PCGS.com/Million-Dollar-Coin-Club
and in a printed, full-color educational booklet
when more coins reach that mark and others
already in the "club" bring new prices at
upcoming auctions. The first edition of the
booklet will be available from PCGS at the 2010
Florida United Numismatists convention in
Orlando, Florida, January 7 - 10.
"The first U.S. coin to reach the million dollar
mark was the Eliasberg specimen 1913 Liberty
Head nickel 14 years ago. It sold at auction for
$1,485,000 on May 21, 1996. Today, there are 210
coins that would bring $1 million or more if
offered in the marketplace," said Hall.
Of the 210 million-dollar coins now listed,
there are 164 individual coins from 61 separate
United States Mint issues; 19 Colonial/early
American coins from 12 issues; four Territorial
coins from four issues; and 23 pattern coins
from 17 issues.
The top ten most valuable coins struck by the
United States Mint in the PCGS Million Dollar
Coin Club are:
1849 $20 Liberty (estimated PCGS grade PR64) -
$15 million. The first $20 gold piece struck at
the U.S. Mint is part of the National Numismatic
Collection at the Smithsonian Institution.
1907 Indian Head $20 Saint-Gaudens gold pattern
(estimated PR69) -$15 million. This unique gold
pattern now in a private collection was designed
by famed sculptor, Augustus Saint-Gaudens. It
combines his $10 Indian head obverse design with
his $20 reverse.
1877 $50 (J-1546) pattern (estimated PR67) - $10
million. The famous "Half Union" gold piece is
unique and in the Smithsonian.
1877 $50 (J-1548) pattern (estimated PR67) - $10
million. A variation on the design of the other
"Half Union," it also is unique and in the
1907 double thick Extremely High Relief Saint-Gaudens
$20 (estimated PR69) - $8.5 million. Arguably
the most beautiful coin ever made, the Saint-Gaudens
Double Eagle design was struck in several
variations including two examples that were
smaller in diameter with double thickness. Both
are in the Smithsonian.
1804 Class I ("Original") silver dollar (PCGS
PR68) - $7.5 million. The finest of the famous
1804 silver dollars is the Sultan of
Muscat-Virgil Brand-Walter Childs specimen now
in a private collection.
1804 Class I ("Original") silver dollar (PCGS
PR67) - $6.5 million. This is the coin that is
part of the privately-owned King of Siam proof
1822 $5 gold piece (estimated EF45) - $6
million. The Eliasberg specimen in a private
collection is one of only three surviving 1822
$5 gold coins out of 17,796 struck, and would
sell today for nearly ten times what it brought
in 1982 (then a record $687,000), in the opinion
of the PCGS consultants. The other two specimens
are at the Smithsonian.
1804 Class I ("Original") silver dollars (two
examples, both PCGS PR65) - $5.5 million each.
The Eckfeldt-Stickney-Atwater-Eliasberg and the
The 1933 Saint-Gaudens Double Eagle (estimated
MS65) is listed in the PCGS Million Dollar Coin
Club at $2.5 to $3.5 million. One of them sold
in 2002 for $7.59 million, the highest price
ever recorded for a rare coin in a public
auction. Since then, ten more specimens have
come to light and are the subject of a lawsuit
involving whether they are legal to own. There
are rumors that other examples exist bringing
the estimated total surviving population to 16
"It is our estimate that the 1933 $20 gold
pieces that grade MS65, if they were legal to
own, would bring $2.5 to $3.5 million each at
auction. If the government wins its case and the
ten coins it now is holding are not legal to
own, then the value of the coins outside of
government control would increase to well beyond
the $3.5 million price," said Hall.
The PCGS Million Dollar Coin Club is the latest
addition to the recently revised and enhanced
PCGS web site. With over five million page views
per month, www.PCGS.com is one of the most
visited online sites in the entire numismatic
High-quality images and information, including
experts’ narratives, pedigrees, rarity analysis,
condition census and auction price histories for
million dollar club "members" and thousands of
other U.S. coins can be found online at PCGS
CoinFacts ( www.PCGSCoinFacts.com).
PCGS and PCGS CoinFacts are divisions of
PCGS is the world’s largest rare coin
authentication company and a division of
Collectors Universe, Inc. (NASDAQ: CLCT).
Additional information is available from
Professional Coin Grading Service at (800)
447-8848. E-mail: info@PCGS.com Website:
About Collectors Universe
Collectors Universe, Inc. is a leading provider
of value added services to the high-value
collectibles and diamond and colored gemstones
markets. The Company authenticates and grades
collectible coins, sports cards, autographs,
stamps, currency, diamonds and colored
gemstones. The Company also compiles and
publishes authoritative information about United
States and world coins, collectible sports cards
and sports memorabilia, collectible stamps,
diamonds and colored gemstones. This information
is accessible to collectors and dealers at the
Company’s web site, http://www.collectors.com,
and is also published in print.